Wardwizard Rights Issue 2022, Price, Ratio & Allotment Details

Wardwizard Rights Issue 2022

Wardwizard Rights issue 2022 Date will be open from 07 February 2022 to 21 February 2022. The company has set a record date of the rights issue on 22 Jan 2022. The company will offer 59,62,373 Shares through this rights issue and through this issue and the company will collect ₹48.89 Crores. and the company Wardwizard Rights Issue Price of this issue has been announced at ₹82 per share as per the face value of ₹1 per shre.

Wardwizard an innovation company with business segment of manufacturing electric vehicle and Smart technology based electronic appliances. The company entered electric vehicle segment under brand name “Joy E Bikes” and our products of electronic appliances are under the brand name “Vyom”.

Read also:- Share Buyback 2022 List

Wardwizard’s flagship brand Joy E bike peddled its way into the EV segment by first introducing electric bicycles in the year 2016. The great demand for this bike, charged the Company to further introduce lowspeed two-wheelers like Gen Next, Glob, Wolf, and Monster, which didn’t require any license or registration to drive. In order to add towards our green initiative and thus to cater to the growing demand for high-speed e-bikes, we first introduced E-Monster in 2019 and later on Thunderbolt, Hurricane, Beast, and Skyline in the Jan 2021.

Wardwizard inaugurated one of India’s largest electric two-wheelers Plant in January 2021 on a 3 acres plot at an investment of approximately Rs.4500 lacs. This unit generates employment opportunities for about 6000 persons and has a production capacity of producing 1 lakh electric two wheelers in a single shift and 3 to 4 lac units per year in 3 shifts. We have 65 assembly stations currently we are operating through a conveyor belt.

Wardwizard Rights issue Review :

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Wardwizard Rights issue Date & Price Details :

Issue Open :09 February 2022
Issue Close :21 February 2022
Record Date :22 January 2022
Issue Size :₹48.89 Cr
Face Value :₹1 Rs. Equity Share
Price Band :₹82 Per Share
Listing On :BSE
Issue Shares Offer :59,62,373
Ratio :3:2
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Wardwizard Rights issue Important Date :

Bid Open Date :09 Feb 2022
Bid Close Date :21 Feb 2022
Record Date :22 Jan 2022
Allotment Date :28 Feb 2022
Share Credit Date :07 Mar 2022
Listing Date :08 Mar 2022

Wardwizard Financial Report (lakh):

YearRevenueExpenseP&L
2021₹3,936.46₹3,688.59₹187.20
2020₹20.53₹111.63₹91.92
2019₹13.60₹30.42₹17.03
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How to apply Wardwizard Rights Issue :

  • Visit the registrar’s website
  • Go to the ‘Rights Issue’ section
  • Select Wardwizard Rights Issue from the dropdown.
  • Enter Demat Account Number.
  • Fill the online application form.
  • Validate and submit the application.

■ Letter Of Offer
■ Application Form

Wardwizard Rights Issue Lead Manager :

Fedex Securities Private Limited
(Formerly known as Fedex Securities Limited)
B7, Jay Chambers, Dayaldas Road,
Vile Parle East, Mumbai – 400057.
Tel. No.: +91 22 26186966
E-Mail: [email protected]
Website: www.fedsec.in

Wardwizard Rights Issue Registrar :

Purva Sharegistry (India) Pvt. Ltd
Unit No. 9, Ground Floor, Shiv Shakti Industrial Estate,
J. R. Boricha Marg, Lower Parel East,
Mumbai – 400011, Maharashtra,
Contact Details: +91-22-2301 6761/ 8261
Email Address: [email protected];
Website: www.purvashare.com

Company Address :

Wardwizard Innovations and Mobility Ltd
No. 401, Floor-4, 23/25,
Dhun Building Janmabhoomi, Marg,
Horniman Circle,
Mumbai – 400001, Maharashtra
Phone: +91 022 –22024366
Email: [email protected]
Website: https://wardwizard.in

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Wardwizard Rights Issue 2022 FAQs :

What is Wardwizard Rights Issue Open Date?
Wardwizard Rights Issue 2022 Open date is 09 Feb 2022.

What is Wardwizard Rights Issue Close Date?
Wardwizard Rights Issue 2022 Close date is 21 Feb 2022.

When is Wardwizard Rights Issue Record Date?
Wardwizard Rights Issue 2022 record date is 22 Jan 2022.

What is N Wardwizard Rights Issue Price?
The company has fixed the price at ₹82 per share.

What is Wardwizard Rights Issue Size?
The company Wardwizard Rights Issue Size is ₹48.89 Cr.

What is Wardwizard Rights Issue Ratio?
The company has fixed the ratio Of 3:2.

How to apply for Wardwizard Rights Issue 2022?
You can apply for the Wardwizard Rights Issue in two ways:

1 – Net Banking (ASBA) 2 – Registrar’s Website


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Wardwizard Rights Issue 2022, Price, Ratio & Allotment Details
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